There is a newer version of the New York Laws
2022
2021
2020
2019
2018 (you are here)
Other previous versions
View our newest version here

2018 New York Laws
BSC - Business Corporation
Article 6 - Shareholders
617 - Voting by Class or Classes of Shares.

Universal Citation: NY Bus Corp L § 617 (2018)
Previous Next 
§ 617. Voting by class or classes of shares.

(a) The certificate of incorporation may contain provisions specifying
  that  any class or classes of shares or of any series thereof shall vote
  as a class in connection with the transaction of any business or of  any
  specified  item  of  business  at  a  meeting of shareholders, including
  amendments to the certificate of incorporation.

(b) Where voting  as  a  class  is  provided  in  the  certificate  of
  incorporation,  it shall be by the proportionate vote so provided or, if
  no proportionate vote is provided, in the election of  directors,  by  a
  plurality  of the votes cast at such meeting by the holders of shares of
  such class entitled to vote in the election, or for any other  corporate
  action,  by  a majority of the votes cast at such meeting by the holders
  of shares of such class entitled to vote thereon.

(c) Such voting by class shall be  in  addition  to  any  other  vote,
  including vote by class, required by this chapter and by the certificate
  of incorporation as permitted by this chapter.

Previous Next
Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.